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Showing 271 - 280 of 2368 results for "Merger"

Performance test needs better metrics, durability

KARREN VERGARA  |  MONDAY, 6 MAY 2024
... subjected to the test three years ago, forcing many super funds that failed to either join forces with another fund via a merger or close the options. The inaugural test for trustee-directed products (TDP) launched last year. Ninety-six TDPs failed the ...

OpenMarkets brings on corporate advisory firm

JAMIE WILLIAMSON  |  THURSDAY, 2 MAY 2024
The fintech signed a strategic agreement that will see boutique advisory firm Rawson Lewis join its ranks. Rawson Lewis specialises in advising and structuring public capital markets transactions, including IPOs rights issues and placements, as well ...

Mercer rolls out new corporate super plan

ANDREW MCKEAN  |  THURSDAY, 2 MAY 2024
... solutions for smaller organisations was previously cost-prohibitive. This might've been inconsequential had it not been for the merger between Mercer Super and BT Super last year. While both funds had similar assets under management when they merged ...

Former Diverger managing director joins VBP

JAMIE WILLIAMSON  |  THURSDAY, 2 MAY 2024
... firms. Due to start in the new role later this month, Jacobsen was managing director of Diverger for three years before its merger with Count in March. Before that, he led Paragem and spent more than a decade in senior roles at Perpetual. "Nathan is ...

Crescent Wealth to merge into Russell Investments

ANDREW MCKEAN  |  TUESDAY, 30 APR 2024
... products, other than their superannuation, invested in a Shariah-compliant manner," he said. The need for Crescent Wealth's merger into Russell Investments was evident following a recent Member Outcomes Assessment by Equity Trustees. It revealed ...

Brighter Super to close socially responsible options

JAMIE WILLIAMSON  |  TUESDAY, 30 APR 2024
... options from May 31. It currently offers 32 different investment options, having run two separate sets of options since its merger with Suncorp Super. The fund said the decision is in line with its commitment to "improve our service offer and reduce ...

Mega super fund opens first international office

ANDREW MCKEAN  |  WEDNESDAY, 24 APR 2024
... investment officer Ian Patrick said the move demonstrates the scale of investments now being undertaken since the fund's merger more than two years ago. "ART partners with world-class external managers and this is the next logical step for us to ...

MSC Certane wins Suncorp mandate

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
... Group appointed as trustee. "MSC Group has considerable experience in acting as trustee for debt securities. Our recent merger with Certane CT combines substantive corporate trust experience and capability. We currently act as trustee for over $5 billion ...

OneSuper to take on more super products

JAMIE WILLIAMSON  |  MONDAY, 22 APR 2024
... members of the various products, Diversa said: "APRA is actively encouraging mergers between superannuation funds, where the merger is considered to be in the best financial interests of members." "Mergers result in larger funds which can promote greater ...

Perennial launches new investment fund

ELIZA BAVIN  |  FRIDAY, 19 APR 2024
Perennial has announced the launch of its latest private company investment fund for wholesale investors. The new Perennial Private to Public Evergreen Fund, called PPP+, is an evergreen version of Perennial's existing Perennial Private to Public (PPP) ...